PMSCY:Prime Minister Spectrum Corruption Yogana
Today the Government of India has launched a new scheme for hungry people called “Prime Minister Spectrum Corruption Yogana”(PMSCY). Shocking, but it`s true. But atleast the Prime Minister Manmohan Singh should have informed the common people of India.But according to our Government this scheme is exclusively for hungry Indians, and those hungry Indians are our Industrialists,politicians & bureaucrats. The only condition is that persons should have corruption in his blood.Ironically media has to inform to the honest people of India.
The Comptroller and Auditor General’s (CAG) estimates of a Rs.2 lakh crore loss to the exchequer due to an agreement between Indian Space Research Organisation’s (ISRO) commercial wing Antrix Corporation and a private company Devas Multimeda in 28 January,2005 for 20 Years.Devas Multimedia will pay $40 million as pre-launch capacity reservation and $250 million for satellite capacity lease payments.
Antrix Corporation Limited, which is commercial arm of ISRO, signed an agreement with Devas Multimedia Private Limited for launching two satellites and added that the managing director of the private entity was a former scientific secretary of ISRO.The people representing the two sides – KR Sridhara Murthi, Executive Director, Antrix and SR Kururaj on behalf of Devas. The unbelieveable sweetness of the deal is Antrix will be responsible for obtaining all necessary government approvals, frequency clearance and funding for satellite.Not just that, Antrix will lease to Devas Additional Satellite capacity above and beyond PS2 satellite, and Antrix takes all the risk, insuring PS1 satellite and& also provide re-launch vehicle service for READ FULL ARTICLE